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Author Question: In the long run firms will expand as long as there are more ________, and new firms will enter the ... (Read 30 times)

dbose

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on: Apr 19, 2019

Question 1

An industry is in ________ if firms have an incentive to enter or exit in the ________ run.


◦ disequilibrium; short
◦ disequilibrium; long
◦ equilibrium; short
◦ equilibrium; long

Question 2

In the long run firms will expand as long as there are more ________, and new firms will enter the industry as long as they earn ________.


◦ economies of scale; zero profits
◦ economies of scale; positive economic profits
◦ diseconomies of scale; zero profits
◦ diseconomies of scale; positive economic profits
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by dbose on Apr 19, 2019

amynguyen1221

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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dbose

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Reply #2 on: Apr 19, 2019
Thanks


amynguyen1221

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Reply #3 on: Apr 19, 2019
Welcome :)


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